Ashoka WhiteOak Capital Pte Ltd boosted its stake in shares of ASML Holding N.V. (NASDAQ:ASML – Free Report) by 69.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,784 shares of the semiconductor company’s stock after purchasing an additional 4,004 shares during the period. ASML accounts for approximately 4.0% of Ashoka WhiteOak Capital Pte Ltd’s portfolio, making the stock its 4th biggest position. Ashoka WhiteOak Capital Pte Ltd’s holdings in ASML were worth $10,490,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. HORAN Wealth LLC boosted its stake in ASML by 1.1% during the 4th quarter. HORAN Wealth LLC now owns 4,857 shares of the semiconductor company’s stock valued at $5,196,000 after purchasing an additional 54 shares during the last quarter. Strategic Planning Group LLC boosted its stake in ASML by 1.2% during the 4th quarter. Strategic Planning Group LLC now owns 8,938 shares of the semiconductor company’s stock valued at $9,563,000 after purchasing an additional 107 shares during the last quarter. Lafayette Investments Inc. boosted its stake in ASML by 3.1% during the 4th quarter. Lafayette Investments Inc. now owns 2,475 shares of the semiconductor company’s stock valued at $2,648,000 after purchasing an additional 75 shares during the last quarter. Centric Wealth Management boosted its stake in ASML by 17.2% during the 4th quarter. Centric Wealth Management now owns 409 shares of the semiconductor company’s stock valued at $438,000 after purchasing an additional 60 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in ASML by 15.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 2,775 shares of the semiconductor company’s stock valued at $2,969,000 after purchasing an additional 361 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.
Analysts Set New Price Targets
Several analysts have commented on ASML shares. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, April 15th. Grupo Santander downgraded ASML to an “underperform” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Monday, April 13th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Finally, Susquehanna reiterated a “positive” rating on shares of ASML in a research note on Thursday, April 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,504.38.
ASML Stock Performance
ASML stock opened at $1,565.81 on Tuesday. The company has a market cap of $615.80 billion, a P/E ratio of 56.16, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,595.31. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock’s fifty day moving average price is $1,403.69 and its 200-day moving average price is $1,268.10.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. On average, equities analysts forecast that ASML Holding N.V. will post 37.08 earnings per share for the current year.
ASML Company Profile
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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